Unacademy is set to be acquired by rival Mumbai-based edtech firm upGrad in an all-stock deal. The announcement was made in a post on X by Unacademy co-founder and CEO Gaurav Munjal and Ronnie ...

Unacademy, once one of India’s most valuable edtech startups, is set to be acquired by rival upGrad in an all-stock deal that would bring together two major online learning platforms in the country.

Edtech startup Unacademy has launched a Rs 50 crore employee stock ownership plan (ESOP) buyback programme to provide liquidity to its workforce, co-founder Gaurav Munjal said. The buyback comes as ...

Edtech firm Unacademy has initiated a ₹50 crore employee stock ownership plan (Esop) buyback, offering liquidity to employees at a time when the company’s valuation has fallen significantly below its ...

Meta will pay Corning up to $6 billion through 2030 for fiber-optic cable in its AI data centers. In an exclusive interview from a Corning factory in Hickory, North Carolina, CEO Wendell Weeks told ...

SoftBank-backed edtech firm Unacademy will shut down all its company-operated offline coaching centres and convert them into franchise partnerships by April, co-founder and chief executive Gaurav ...

Temasek-backed Unacademy is planning to shut down its centre business and convert it into a franchise model, founder Gaurav Munjal told employees. “Over the coming months, we will exit our ...

Unacademy will exit its company-operated offline centres and transition fully to a franchise-led model over the coming months, founder and CEO Gaurav Munjal told employees in an internal email, as the ...

SoftBank-backed Unacademy will shut down its company-operated offline centres and transition those to a franchise model—a move further aimed at reducing its burn, the company's co-founder and CEO ...

The collapse of acquisition talks between upGrad and Unacademy has brought into focus the challenges facing consolidation in India’s edtech sector, which is still grappling with a slowdown after the ...

Ronnie Screwvala-led higher education platform Upgrad has withdrawn from acquisition discussions with SoftBank-backed test-prep company Unacademy after the two sides failed to agree on valuation, ...

Nedtech firm UpGrad has called off a deal to acquire Unacademy at a valuation of around USD 290 million, citing valuation concerns and various business-related challenges within the Temasek and ...